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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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USD/CAD close to resistances

Price drifted higher and now close to horizontal sing high resistance below which a drop is expected.

Entry: 1.33155

Why it's good : 61.8% Fibonacci retracement

Stop Loss : 1.3340

Why it's good : 100% Fibonacci extension

Take Profit : 01.32750

Why it's good: 61.8% Fibonacci retracement, intermediate horizontal swing low support

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